Trading volatility: EUR/USD around ECB rate decision

From youtube.com/igcom

The incoming interest rate decision from the European Central Bank (ECB) on Thursday has the potential to put a volatility rocket up a number of markets. These include the Dax and CAC, recently at record highs on hopes that the ECB will soon be able to start delivering rate cuts, and the EUR/USD pair. It is this that we’re looking at, however the announcement is sandwiched between two events that in them selves may also have a disturbance on the EUR/USD pair, that is US ADP private payrolls on Wednesday and non-farm payrolls on Friday.